Comprehensive market data and analysis• Updated Oct 2026
13.5 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | 1 | 4 | 4 |
| 1-2 acres | - | 1 | 1 | 1 |
| 2-5 acres | - | - | - | 1 |
| 5-10 acres | - | - | - | 1 |
| 10-20 acres | - | - | 1 | 2 |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | - | 2 |
| 100+ acres | - | - | - | 1 |
| TOTAL | 0 | 2 | 6 | 12 |
Acreage buckets
The median price for land in Peotone, Illinois is currently $110K per acre. For a typical parcel, the median sale price is $275K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $38K while premium lots reached $582K.
Peotone, Illinois is currently a strong buyer's market with 13.5 months of supply. Buyers have more negotiating power and can take time to find the right property.
Peotone, Illinois currently has 13.5 months of inventory supply. This indicates a strong buyer's market. This balanced supply gives both buyers and sellers fair opportunities.
There are currently 9 active listings in Peotone, Illinois. 5 new listings have hit the market in the last 90 days. The median asking price is $80K.
Land in Peotone, Illinois averages $97K per acre. The median price per acre is $110K, which may be more representative of typical transactions. Most parcels sold are around 2.5 acres.
Over the past 12 months, Peotone, Illinois saw 11 properties sold, totaling $3.4M in sales volume. In just the last 3 months, 2 properties changed hands.
Land in Peotone, Illinois typically sells within 233 days of listing. The median time on market is 171 days. Properties are moving slowly in the current strong buyer's market.
Market statistics are compiled from multiple sources including LandyDandy listings, Zillow.com, Realtor.com, Redfin.com, county records, and MLS data. While we strive for accuracy, these figures are estimates and may not reflect 100% of market activity, and some transactions are reported late. The date at the top of the page is the report date. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.
See land for sale and off-market property records in Peotone on LandyDandy.
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